Archive for May 2020

More than 427,000 workers are now having their wages subsidised by the Government under the Temporary Wage Subsidy Scheme, according to the latest figures published by the Revenue Commissioners.  More than 50,900 employers have registered for the TWSS with the Revenue Commissioners, who administer the scheme. Of those, 43,000 have already received subsidy payments.  In total,…

Households face increases in their energy bills from today as the hike in the carbon tax kicks in. The tax was raised by €6 to €26 per tonne of carbon dioxide in last year’s budget.  However, the increase was postponed until today on home heating fuels such as coal, peat, natural gas and home heating…

Manufacturing in Ireland is going through record falls in output and employment, according to a new survey.  The AIB Manufacturing Purchasing Managers Index shows that in April output, new orders, exports and purchasing all fell at the fastest rates ever recorded.  The survey also found that it is taking longer for suppliers to deliver raw materials…